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As corona virus spreads in the u. S. Its economy is likely to face its worst crisis since the Great Depression and the spillover is expected to inflict long term damage there and around the world so what can be done to reverse the crash and can the Global Economy fully recover this is inside story. Hello and welcome to the program im homage im joined its the Worlds Largest economy and has enjoyed record growth but its collapsing the u. S. Economy could be facing its worst recession in decades triggered by coded 1000 measures it shrank by almost 5 percent in the 1st quarter of this year thats the biggest slide since the 2008 financial crisis millions of americans have lost their jobs Consumer Spending has seen its biggest decline in 40 years and many businesses ....
Prevent people from coming into the parks, obviously a lot of them will be driving and theyll have to park. And if you park at places and they promise there will be signs. Just out there letting people know no parking so it will be Crystal Clear to you but if you continue to park at those locations you will get a ticket. They said that over the past week they were giving warning tickets to thousands of people and lets face it everybody should know by now right. Its shelter in place but all obviously a lot of people dont. And theyre continuing to go while they know its going to be even worse come Easter Sunday and thats why effective at midnight. They are going to issue tickets for those who come to locations and ignore shelter in place and give you a 100 ticket and it seems to be non negotiable because they will be signs up at locations near parks in marine county in unincorpor ....
Before rebounding to finish up almost 5 , recouping half of the losses from mondays 2,000 point selloff. Jim, remember when we couldnt get a 1 move la last 12 sessions, s p moved 3. 5. The market feels broken to me not a lot of liquidity many things happening at night youll see the Interest Rates go down at night. Then suddenly the s p is having a nightly session. We have to play by that tune i get it theres i want to say theres not panic. People want to get out if there were people, you would see endless downing endless down you could say buyers will come in i was listening to jim paulson before, he sees a lot that he would like i dont. You dont no. I like utilities i like the drug companies, i like the highest growth tech, teledoc. The rest sell to you people are buying Royal Caribbean right here as if its like a buying opportunity. A lot of people using the term buying op ....
So, this sounds really loud to me. Does it sound okay to people . Yeah . Hello everybody. Im maya mcginnis. I run the committee for responsible budget. Im pleased you joined us for our forum. Many of you probably know this, but the committee for responsible federal budget is a Bipartisan Organization focused on fiscal responsibility. And if you look at the world right now where the debt is at near record levels, never been this high relative to the economy since world war ii and the deficit is the largest its ever been when the economy is this strong its a really important issue to focus on right now. Im smiling so i dont cry. I was thinking i look really happy. Its a troubling time for fiscal policy. Theres no question about that. Let me just tell you quickly about two projects that we are doing before i kick off our really great panels and speakers for this afternoon. The first project were doing right now is something ....